Items Tagged with 'Inventory'

ARTICLES

Economists agree that the April jobs report proved the economy is moving along at a healthy pace despite the disappointing job numbers in March. But when it comes to the housing market specifically, this positive report does little to help the factors that are really blocking growth in the industry. Here, top housing economists explain what the news means for the bottom line in housing.

New home sales dropped in August after July witnessed its most significant increase since the housing crisis. Annually, however, new homes sales in August still increased. Industry experts talk about the report, and why it still shows positive signs for the housing market.

Home inventory fell for the fifth straight quarter in July, the longest streak of inventory declines since 2012. The lack of inventory and trend towards premium homes doesn’t bode well for the growing affordability crisis, but all hope is not lost.

Home sales are down for the first time since November while home prices continue to rise, albeit at a slower pace. The National Association of Realtors explains two major factors contributing to the sudden drop in home sales, and what it means for the remainder of 2016.

When the market gets competitive, all-cash offers typically win out as inventory tightens and bidding wars commence. This leaves borrowers who choose to finance at an extreme disadvantage - until now. One unique tip from an article in The New York Times could be the key difference in locking in a home, but it's not for everyone.

Home prices continue to increase due to rising demand and tight inventory, and that may not be changing any time soon. CoreLogic predicts that home prices will continue to rise at their current rate of about 5% to 6% annually.

It’s no secret that falling inventory creates affordability problems in the housing market. According to a new report by Trulia, however, it may not be as much of a problem as you would think. In fact, a lack of starter homes may not be the problem at all.

New data shows that home sales decreased annually in the Golden State, but increased monthly. Prices continue to increase due to lack of affordable inventory. Despite rising home prices, cash sales also increased from last month. PropertyRadar’s director of economic research explains why.

New data shows that home construction increased slightly in May. However, the bad news is that even with the rise, inventory is still tight. This is how the low home supply is impacting the rest of the housing market.

Home price appreciation could be as high as 10% given today's tight housing inventory, so why isn't it? A new report from Capital Economics explains why past data puts appreciation estimates so high and why this isn't actually happening.

This month inHousingWire magazine

[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.

Feature

Would-be homeowners are inundated with picture-perfect examples of new and remodeled homes brimming with upgrades. But in the real world, homebuilders and investors must calculate the rate of return on these sometimes fleeting trends, weighing what buyers want with what they can actually afford. This feature looks at which features buyers of different age demographics consider the most important, and what that means for sellers.

Commentary

We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.